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Funding Rounds
Wintermute Backs DEX Vertex Protocol in Strategic Investment
The amount of the investment wasn’t disclosed and Wintermute will provide liquidity services to the decentralized exchange.

Animoca Brands' Anichess Secures $1.5M for Decentralized Chess Game
The game, launching in early 2024, was made in partnership with Chess.com.

Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron
The startup provides smart contract infrastructure for the Cosmos ecosystem.

DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund
The round also included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto.

Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks.

Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
The startup provides actionable non-fungible token (NFT) data for enterprises and developers.

Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."

PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.

Crypto Infrastructure Firm Anoma Foundation Raises $25M
The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.
